Return to problem 1 and assume that margin must be maintained at a minimum level of $22,500.

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Return to problem 1 and assume that margin must be maintained at a minimum level of $22,500. If the S&P Index futures contract goes from its initial value down to $1,051.80, will there be a call for more margin?
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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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